Answer:
e. Company Heidee has a higher ROE than Company Leaudy.
Explanation:
Return on equity measures how well the management of a business uses owner's equity to get returns. It is calculated by dividing net income by owner's equity.
That is
ROE= Net Income ÷ Owner's equity
Considering the accounting equation
Asset= Liability + Owner equity
Owner equity= Asset - Liability
From the equation when a company that take on more debt owner's equity will reduce.
The effect of reduction in owner's equity on Return on Equity is that it will increase the ratio, since owner's equity is the denominator.
In this scenario both companies have the same profit margin so if company Heidee has higher debt ratio it follows that it also has a higher ROE than Company Leaudy
The interest rate offered on the bond is 11.94%.
<h3>What is the interest rate on the bond?</h3>
The interest rate of the bond can be determined by calculating the yield to maturity of the bond. The yield to maturity is the interest rate that equates the price of the bond to the future value of the bond.
The yield to maturity can be determined using a financial calculator:
- Cash flow in year 0 = $-134
- Cash flow in year 1 = $150
YTM = 11.94%
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Answer:
Three sources of financing to a business includes;
1) Angels (National Angel Capital Organization, NACO)
Wealthy and experienced retired industry leaders, that invest in startups, require transparency, and take charge of the supervision of the business management practices
2) Business Accelerator or Incubators (MaRS; MaRS Discovery District)
An incubator provide enabling environment and resources for startups to develop ideas before going into production
3) Bank Loans (Business Development Bank of Canada, BDC)
Bank provide loans to startup with a good idea and an accompanying excellent business plan, and personal guarantee
Explanation:
Answer:
Aldo Leopold
Explanation:
Aldo Leopold (1887 - 1948) was a founder of wildlife management. He taught at the University of Wisconsin and is famous for his book <u>A Sand County Almanac</u>, 1949, which sold over 2 million copies.
His work focused on the development of environmental ethics and wilderness conservation.
If a local company were to break the contract with a retailer and not deliver the products requested, Civil law would be broken.
When one party doesn't carry out their obligations as stated in the contract, there is a breach of the agreement. That could involve anything trivial like making a payment a few days late or something more significant.
<h3>What is the most common breach of contract?</h3>
The most frequent remedy for contract violations is this one. When compensatory damages are granted, a court requires the party who violated the contract to give the victim enough money to fulfill their contractual obligations elsewhere.
A breach of contract occurs when a promise that is a component of a contract is not kept without a valid justification. This includes failing to perform in a way that complies with industry standards or any express or implicit warranty requirements, such as the implied warranty of merchantability.
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